Search found 2 matches
- Wed Jul 13, 2011 12:22 pm
- Forum: General questions and comments
- Topic: Non-spouse RMDs
- Replies: 2
- Views: 11376
Re: Non-spouse RMDs
Jim, thanks for responding so quickly. This is what I've come up with so far: Here's a link to a website that shows the percentage RMD distribution required per year for non-spouse beneficiaries of IRAs, which apparently applies to 457s as well: http://www.moneymanagment.info/Table%20V.htm But the l...
- Tue Jul 12, 2011 11:25 am
- Forum: General questions and comments
- Topic: Non-spouse RMDs
- Replies: 2
- Views: 11376
Non-spouse RMDs
Hello Jim, As a non-spouse beneficiary of a 457 plan, the IRS requires me to withdraw annual RMDs over my "lifetime" even though I haven't reached 70. But the lifetime they assume is a fictional number that forces ever-increasing withdrawals as time goes on. For the purposes of the FRP, I'...